MD&A and Financial Statements (PDF) - Banco Itaú

Itaú Unibanco S.A. – - September0, 2010 114
b) Assets Guaranteeing Technical Provisions - SUSEP
Interbank investments – money market
Securities and derivative financial instruments
PGBL/VGBL fund quotas (1)
09/30/2010 09/30/2009 09/30/2010 09/30/2009 09/30/2010 09/30/2009 09/30/2010 09/30/2009
1,421,155 986,616 947,414 1,003,502 1,164,720 832,985 3,533,289 2,823,103
2,700,305 2,959,487 48,143,031 40,311,622 1,360,774 1,401,164 52,204,110 44,672,273
- - 43,621,488 36,403,697 - - 43,621,488 36,403,697
Government securities - Domestic - - 31,435,519 23,444,190 - - 31,435,519 23,444,190
National Treasury Bills - - 15,993,240 3,664,771 - - 15,993,240 3,664,771
National Treasury Notes - - 13,336,217 7,951,760 - - 13,336,217 7,951,760
Financial Treasury Bills - - 2,106,062 11,827,659 - - 2,106,062 11,827,659
Corporate securities - - 11,818,124 12,447,524 - - 11,818,124 12,447,524
Bank Deposit Certificates - - 5,203,676 7,549,666 - - 5,203,676 7,549,666
Debentures - - 4,537,451 2,986,661 - - 4,537,451 2,986,661
Shares - - 1,941,823 1,508,461 - - 1,941,823 1,508,461
Quotas of funds - - 131,078 384,849 - - 131,078 384,849
Promissory Notes - - 2,656 17,887 - - 2,656 17,887
Securitized real estate loans - - 1,440 - - - 1,440 -
PGBL/VGBL fund quotas - - 276,852 74,612 - - 276,852 74,612
Derivative financial instruments - - 15,324 396,746 - - 15,324 396,746
Accounts receivable / (payable) - - 75,669 40,625 - - 75,669 40,625
Other assets
2,700,305 2,959,487 4,521,543 3,907,925 1,360,774 1,401,164 8,582,622 8,268,576
Government 1,905,335 2,285,508 3,584,073 3,001,287 148,692 739,727 5,638,100 6,026,522
Private 794,970 673,979 937,470 906,638 1,212,082 661,437 2,944,522 2,242,054
Receivables from insurance and reinsurance operations (2) 2,942,542 2,437,747 - - - 2,942,542 2,437,747
Credit rights 1,207,524 952,351 - - - 1,207,524 952,351
Reinsurance 1,735,018 1,485,396 - - - 1,735,018 1,485,396
Escrow deposits for loss 44,706 109,796 - - - 44,706 109,796
TOTAL
7,108,708 6,493,646 49,090,445 41,315,124 2,525,494 2,234,149 58,724,647 50,042,919
(1) The PGBL and VGBL plans securities portfolios, the ownership and embedded risks of which are the customer’s responsibility, are recorded as securities – trading securities, with a contra-entry to long-term liabilities in Pension Plan Technical Provisions account, as
determined by SUSEP.
(2) Recorded under Other receivables and Other assets.
c) Results of Operations
Income from financial operations
Financial income from insurance, pension plan and capitalization operations
Financial expenses from insurance, pension plan and capitalization operations
Result from insurance, pension plan and capitalization operations
TOTAL
Premiums and contributions
Changes in technical provisions
Expenses for claims
Selling expenses
Expenses for benefits and raffles
Other revenues and expenses
INSURANCE PENSION PLAN CAPITALIZATION
INSURANCE CAPITALIZATION
TOTAL
PENSION PLAN
01/01 to 01/01 to 01/01 to 01/01 to 01/01 to 01/01 to 01/01 to 01/01 to
09/30/2010 09/30/2009 09/30/2010 09/30/2009 09/30/2010 09/30/2009 09/30/2010 09/30/2009
174,093 161,923 209,926 252,419 62,733 45,512 446,752 459,854
218,041 245,036 2,955,551 3,159,018 171,494 145,233 3,345,086 3,549,287
(43,948) (83,113) (2,745,625) (2,906,599) (108,761) (99,721) (2,898,334) (3,089,433)
1,691,084 950,222 31,947 440,171 328,358 331,018 2,051,389 1,721,411
5,373,172 4,728,653 5,930,201 6,469,521 1,276,598 1,201,215 12,579,971 12,399,389
(310,168) (132,855) (5,870,968) (5,975,240) (911,529) (820,652) (7,092,665) (6,928,747)
(2,181,314) (2,448,237) - - - - (2,181,314) (2,448,237)
(1,038,711) (990,252) (4,829) (7,270) (5,612) (22,730) (1,049,152) (1,020,252)
- - (26,271) (34,936) (31,023) (26,836) (57,294) (61,772)
(151,895) (207,087) 3,814 (11,904) (76) 21 (148,157) (218,970)
1,865,177 1,112,145 241,873 692,590 391,091 376,530 2,498,141 2,181,265
TOTAL